All Forum Posts by: Crystal Cassell
Crystal Cassell has started 2 posts and replied 2 times.
Post: What should I do
- Real Estate Professional
- Hutchinson, KS
- Posts 3
- Votes 0
ok let start from the beginning so u can fully understand my situation
I met a investor who was looking for bird dogs so we connected an paperwork was done an a agreement was reached within this agreement said investor agreed to fund my section 8 program here in ks as part of our contract.
Well I've been doing the job asked of me but the offers this investor sends doesn't make since under the guideline's of the math he broke down to get his numbers for the offer
65% price reduction
So there's a house that's 199,000$ according to the math I'm spose to multiply this number by .65 the numbers come out to be 129,350
But he sent a 95,000$ offer
On all his offers or not acceptable due to his low offers I've been on this for about 2 weeks
But I don't see my program going any because of this
What should I do over 60 houses under 50 grand wouldn't you offer what they want if it was worth it why try to swindle people out of property???
Someone please explain how this works
Post: Finding lenders that lend against what the property is worth
- Real Estate Professional
- Hutchinson, KS
- Posts 3
- Votes 0
I understand that there is private funds available to you no money out of pockect because they lend against what the house is actually worth when fixed up. how do I find these private funds?